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Trade: We recommend selling 10 Feb $26 puts (23 DTE) at $.70/share or better. Note: holding over earnings is higher risk but we like the bottoming pattern and reward-risk.
Strategy: Breakout on daily chart after false breakdown, and climactic buy setup on major support on monthly chart.
Max Gain: Credit received of $700.
Max Loss: Cost basis will be $25.30 if assigned.
Stop Loss: $25.88.